...positioning for a downturn. The signal is strong, especially for a mid-week move, as it forms an arc-like shape and breaks away from the pack. The next volume level, marked in blue, presents a solid target. These lines are exact and precise, having been created using a line chart.
Note
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.